2013-04-01
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Private Limited Company
06152545
2014-03-31
06152545
2013-04-01
2014-03-31
06152545
2013-03-31
06152545
2012-04-01
2013-03-31
06152545
uk-bus:Director1
2013-04-01
2014-03-31
06152545
uk-gaap:OfficeEquipment
2013-04-01
2014-03-31
06152545
uk-bus:OrdinaryShareClass1
2014-03-31
iso4217:GBP
For the year ended 31 March 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06152545
2
AREA UNO LTD
For the year ended 31 March 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
AREA UNO LTD
Accountants' Report
For the year ended 31 March 2014
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
| ended 31 March 2014 and you consider that the company is exempt from an audit under the Companies Act 2006. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
G Teoli & Co.
Certified Public Accountants
Balfour House
741 High Road
London
N12 0BP
30 December 2014
1 of 4
4
| Abbreviated Balance Sheet |
AREA UNO LTD
2014
2013
2
386,658
391,409
1,397,392
1,581,692
3
1,968,350
1,788,801
1,932
113,505
34,785
136,480
148,290
138,412
| Creditors: amounts falling due within one year |
(1,617,483)
(1,733,445)
(1,479,071)
(1,585,155)
Net current liabilities
| Total assets less current liabilities |
383,195
309,730
| Creditors: amounts falling due after more than one year |
(366,143)
(366,143)
17,052
Net assets/liabilities
(56,413)
100
4
100
-
(90,628)
16,952
34,115
17,052
(56,413)
Shareholders funds
| For the year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts |
| These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
| Date approved by the board: 30 December 2014 |
| Mr Fiorenzo Stocco Director |
| Signed on behalf of the board of directors |
2 of 4
5
| Notes to the Abbreviated Financial Statements |
AREA UNO LTD
For the year ended 31 March 2014
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities. |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange |
| ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the |
| transaction. All foreign exchange differences are included to the profit and loss account. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
| No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
| Investment properties are included in the balance sheet at their open market value at the balance sheet date. The |
| resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those |
| investment properties which are leasehold and where the unexpired lease term is less than 20 years. |
| Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective |
| April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be |
| depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to |
| give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation |
| and the amount of this which might otherwise have been charged cannot be separately identified or quantified. |
3 of 4
6
| Notes to the Abbreviated Financial Statements |
AREA UNO LTD
For the year ended 31 March 2014
400,025
400,025
8,616
4,751
Charge for year
13,367
386,658
391,409
| 3 Fixed asset investments |
1,581,692
1,581,692
| Allotted called up and fully paid |
2014
2013
| 100 Class A shares of £1.00 each |
100
100
100
100
4 of 4
